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Vendor's lien

Definitions

  • Webster's Revised Unabridged Dictionary
    • Vendor's lien (Law) An implied lien (that is, one not created by mortgage or other express agreement) given in equity to a vendor of lands for the unpaid purchase money.
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Usage

In literature:

Its first clause will be a vendor's lien for the cost of the cattle, horses, etc.
"Wells Brothers" by Andy Adams
Much has been said about the notice of the vendor's lien.
"Putnam's Handy Law Book for the Layman" by Albert Sidney Bolles
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